263 startups funded with a total of Rs 60 crore by Karnataka govt

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263 startups funded with a total of Rs 60 crore by Karnataka govt - Business Standard

Quick Summary:

About 47 of these firms are led by women entrepreneurs, and 119 startups hail from Tier-II and Tier-III cities in the state.

Also, initiatives like the Karnataka Digital Economy Mission and the Beyond Bengaluru initiative are pivotal in developing IT hubs across the state.

There is also the Elevate programme, which encourages entrepreneurs across the state requiring early-stage funding to develop a prototype, strategise market entry and scale up.